New 5 year leases until 2030 with established tenants since 2019. Perfect Armchair investment or 1031 exchange property. 3,100 sq feet of commercial space on bustling Lincoln Avenue divided into two individual storefronts. Unique property with over 130 ft of road frontage that allows for tremendous exposure and excess amounts of natural light in both spaces. Both spaces were built out in 2019-2020 with updated flooring, bathrooms, paint, etc. The building also had a new full tear-off roof installed in 2021. Management company already in place if new owner wishes to continue. There are also two deeded garage parking spaces included in the price . Offered with a very attractive CAP rate and annual rent escalations. Ideally situated just 1 mile west of Wrigley field and a six minute walk to Addison brown line. Please do not disturb or make any inquiries from current tenants. All inquiries should be made only to the listing broker
Listed by:
Fahy Real Estate Inc
Date | Days Ago | Event | New Price |
---|---|---|---|
Apr 2, 2025 | 11 days ago | Price decreased25,000 (3%) | $725,000 |
Feb 10, 2025 | 2 mos ago | New on market | $750,000 |